Why the cryptocurrency bitcoin fell by more than 8 percent

Bitcoin fell off its roller coaster ride Wednesday to close just below $2,500, while two new cryptocurrencies joined a three-way tie for the largest of the so-called “altcoins” — an alternative to bitcoin and…

Why the cryptocurrency bitcoin fell by more than 8 percent

Bitcoin fell off its roller coaster ride Wednesday to close just below $2,500, while two new cryptocurrencies joined a three-way tie for the largest of the so-called “altcoins” — an alternative to bitcoin and ethereum.

Ethereum, which peaked at $485 a few days ago, was down more than 15 percent at $327.

Cardano was also down at $263, while Shiba Inu topped $47 and Dogecoin hit $33.

The falling prices came as both of these so-called altcoins broke away from the pack.

Shiba inu rose to $46.86 after falling from the high of $48.04 earlier in the day.

Meanwhile, Dogecoin climbed steadily from $16 in the morning to nearly $34 by evening.

But we’ll keep you updated all day with updates on the price of Bitcoin.

10:10 a.m. – Bitcoin takes a dip, ethereum rebounds below $300.

Ethereum was trading down 15 percent at $327.81, and Shiba Inu was down 11 percent at $51.66.

Dogecoin was up a slight 0.3 percent at $33.18.

Bitcoin, meanwhile, fell $90, or 7.6 percent, to $2,480.

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